Bytom 2.0 is a new version of the world’s first blockchain protocol that enables atomic swaps and cross-chain assets. The project has been in development for over a year and will be released at the end of 2018.
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News on the Blockchain
Bytom teams up with Moonstake, a staking specialist, to become Asia’s biggest staking pool provider (PoS provider). Both companies want to collaborate in the DeFi area to investigate technological development opportunities.
Bytom is a blockchain-based open-source value-exchange system. Furthermore, tangible assets such as warrants, securities, dividends, and bonds will be tokenized. Users may establish assets with no limitations and let them to circulate freely using the Bytom blockchain.
Collaboration with Moonstake, in particular, would provide Bytom users with confidence owing to its experience in staking. Moonstake users, on the other hand, now have the option of purchasing a new digital item. As a result, Bytom is pleased to announce the launch of Bytom 2.0 in collaboration with Moonstakes.
Moonstake was founded to develop a staking pool protocol in order to satisfy the increasing demand for staking pools in regional and worldwide blockchain marketplaces. Moonstake began staking in 2020 with the goal of becoming Asia’s biggest staking network.
Furthermore, it has incorporated user-friendly online and mobile wallets with support for over 2000 coins since its debut.
Embracing the World of DeFi
Users have been paying greater attention to the DeFi world, and it is presently a blaze of innovation in the blockchain sector. Bytom’s DeFi protocol cluster product, MOV (MOV.network), is a multi-decentralized protocol that integrates cross-chain, AMM, and interest rate protocols into a single product.
Moonstake’s CEO, Lawrence Lin, explains:
“Moonstake is thrilled to be a part of Bytom 2.0 and its PoS transition. We’ll also work closely with Bytom on co-marketing and community engagement, as well as explore further DeFi collaboration opportunities.”
Moonstake is working with Muse Finance and other high-profile DeFi initiatives right now. As a result, the two companies have teamed together to investigate the Defi sector in order to enhance the ecosystem. Their partnership has the potential to significantly benefit the crypto staking and DeFi communities.
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